Nestlé Upgrades its Ice Cream Plant in Guangzhou, Guangdong Province

Nestle SA, the world’s largest food company by revenue, has more than doubled its daily ice-cream cone production capacity to 2 million units at its ice cream plant in Guangzhou, Guangdong province. The move is part of its plan to triple the capacity at the site by 2016 compared with 2011, said Daniel Lutz, senior vice-president of the ice cream & chilled business unit of Nestle Food & Beverage Division, Greater China region, on Friday [March 29, 2013]…Full-text article: China Daily Mar 2013

Key point

According to the chairman of CEO of Nestle – Greater China, the country’s ice cream market is expected to grow 8% annually